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Pickleman’s Gourmet Café | Owasso, OK 11310 E 96th St North

2,200 SF Retail Building Owasso, OK 74055 $2,542,000 ($1,155/SF) 6.75% Cap Rate

Investment Highlights

  • Single-Tenant Pickleman’s Gourmet Café: New 10-year absolute NNN lease | 10% increases every 5 years
  • Access From Hard-Corner Signalized Intersection: 31,000 CPD
  • Owasso is Part of the Tulsa MSA; 1+ Million Residents: Within a 20-minute drive of Tulsa International Airport and Downtown Tulsa
  • Part of Smith Farm Village: Brand new Chipotle, Andy’s, Jersey Mikes, Smoothie King, Hawaiian Bros, Cava, Dunkin, and many more regional tenants
  • Strategic Positioning with Excellent Surrounding Demographics: Average annual household income of $105,458 within a 5-mile radius of the property

Executive Summary

New 10-Year Absolute NNN Lease | Across From Top-Performing Community Shopping Center (Placer.ai) | High-Growth Affluent Trade Area Surrounded by Top Tier Retailers

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,200 SF
Building Class
C
Year Built
2024
Price
$2,542,000
Price Per SF
$1,155
Cap Rate
6.75%
NOI
$171,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Land Acres
0.71 AC

Nearby Major Retailers

Starbucks
HOTWORX
Hawaiian Bros Island Grill
CAVA
Prosperity Bank
Chili's
Texas Roadhouse
Black Bear Diner
Olive Garden Italian Rstrnt
Bank Of Oklahoma
  • Listing ID: 32043884

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 11310 E 96th St North, Owasso, OK 74055

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